Dec 18, 2010
It’s looking like the main stock market averages are hitting key resistance levels as they continue with their upward bias. Trading volume has been mediocre, but, then again, it’s been that way since the financial crisis.
Dec 18, 2010
If there is one investment to avoid in 2011, it will be bonds. Why? Simply because interest rates are headed higher in 2011.
Dec 17, 2010
China is continuing to expand at rates well beyond the world’s other industrialized powers.
Dec 17, 2010
Long-time readers of this column know of my affinity for reviewing winning stocks. Even just a cursory review of stocks that have done very well helps in my view to improve your stock-picking skills.
Dec 17, 2010
The end of this year will make the ninth consecutive December 31 when the price of gold bullion was higher than the previous December 31. Gold has risen from approximately $300.00 in 2002 to $1,380 per ounce today—a gain of 360%.
Dec 15, 2010
Markets are continuing to edge higher after breaking above the previous chart tops, which is technically bullish. The DOW is 0.67% below its chart top, but I suspect this will be broken.
Dec 15, 2010
The stock market is going up. Precious metals are going up. Housing prices are starting to go up. The prices of oil, sugar, coffee, wheat and corn are also going up.
Dec 15, 2010
There’s so much to say this morning, or at least so much I have to say about different economic and financial events unfolding
Dec 14, 2010
Gold has edged higher in each of the past nine years, and it is set to close off its decade-long bull market. Buying has been driven by a combination of speculative trading in physical gold, gold ETFs, and buying as a safe-haven investment.
Dec 14, 2010
It would be great if there was a major correction in precious metal prices, so investors could have a better entry point for new positions